Answer:
C. $176000 increase in operating profits
Explanation:
Contribution margin is the ability of a company to cover its variable costs using revenue. It is calculated as selling price per unit minus variable cost per unit. The amount left covers fixed costs or is profit.
Contribution margin per unit = 560 - (130 + 100 + 105 + 65) = $160
Profit increase = $160 x 1100 units = $176000
This is profit because the company already covers it’s fixed costs selling to regular customers since it had total costs of $640 per unit and sold at $960 (with a 50% mark up).
Answer:
A mixed economy minimizes the disadvantages of a market economy.
Explanation:
A market economy could neglect areas like defense, technology, and aerospace. A larger governmental role allows fast mobilization to these priority areas. The expanded government role also makes sure less competitive members receive care.
Answer:
Not Positive but A, D, C
Explanation:
Felicia description is about "She operates her harvester"
Oscar description is about "Oscar orders, stocks, and sells parts"
Jodi is about "fixing broken truck and tractor engines" at various locations thus Mobile
Answer:
Sabrina’s Soccer has a comparative advantage over Stan’s Sporting Goods because Sabrina’s Soccer has a lower opportunity cost.
Answer:
TRUE
Explanation:
It is true that if a costumer has a coupon for 30% off any skateboard and then another coupon for an extra 5% off a total purchase, you can simply add the coupons together to determine the discount as long as they are only buying one skateboard
.
The above assertion is correct because the amount of the skateboard will be the same as the amount for the sale, hence both percentages making up 35% can be applied to the skateboard amount.
<u>However if they buying more items than just a skateboard, the total amounts of the different items of purchase has to be added before applying the discount percentage.</u>
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